Good morning from the City AM liveblog team.
It was an excellent day for Trainline yesterday, with the rail booking app shrugging off concerns over train nationalisation and zooming ahead — the stock rose 12 per cent.
Things were a little less rosy for the UK’s favourite department store, John Lewis, as it blamed higher taxes after it swung into the red.
The FTSE 100 ended the day up 72 points to 9,297.
Here’s a summary of our other top stories from yesterday:
CVC Capital Partners launch $14bn Global Sport Group
Cadbury shakes off royal snub as sales surge
US inflation jumps to 2.9 per cent, setting up key rate decision
THG: Shares spike as e-commerce giant gains momentum after slow start to the year
Brits shy away from buying houses as uncertainty over property tax increases
This morning we’ll bring you the latest market news alongside fresh GDP figures and balance of trade data.